§  32.3300   Accumulated depreciation--nonoperating.

   (a) This account shall include the accumulated amortization and
   depreciation associated with the investment contained in Account 2006,
   Nonoperating Plant.

   (b) This account shall be credited with amortization and depreciation
   amounts concurrently charged to Account 7300, Nonoperating income and
   expense.

   (c) When nonoperating plant not previously used in telecommunications
   service is disposed of, this account shall be charged with the amount
   previously credited hereto with respect to such property and the book
   cost of the property so retired less the amount chargeable to this
   account and less the value of the salvage recovered or the proceeds
   from the sale of the property shall be included in Account 7300,
   Nonoperating income and expense. In case the property had been used in
   telecommunications service previous to its inclusion in Account 2006,
   Nonoperating Plant, the amount accrued for depreciation thereon after
   its retirement from telecommunications service shall be charged to this
   account and credited to Account 3100, Accumulated depreciation, and the
   accounting for its retirement from Account 2006 shall be in accordance
   with that applicable to telecommunications plant retired.

   [ 51 FR 43499 , Dec. 2, 1986, as amended at  59 FR 46930 , Sept. 13, 1994;
    67 FR 5688 , Feb. 6, 2002]